Market size and recent performance (2009-2024)
Industry revenue has declined at a CAGR of -5.2% over the past five years, to reach an estimated $70.0bn in 2019.
Trends and Insights
- Stagnant levels of funding for transportation construction have constrained the value of new projects
- Additional trends and insights available with purchase
Biggest companies in the Road & Highway Construction in Mexico
| Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
|---|---|---|---|---|
Impulsora del Desarrollo y el Empleo en América Latina SAB de CV | ||||
Empresas ICA SAB de CV | ||||
Promotora y Operadora de Infraestructura SAB de CV |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including New highway, road, bridge and street construction and extension, Maintenance and repairs and Other construction and installation. New highway, road, bridge and street construction and extension is the largest segment of the Road & Highway Construction in Mexico.
Trends and Insights
• New highway, road, bridge and street construction and extension projects account for the largest share of revenue for the Road and Highway Construction industry in Mexico, comprising an estimated 49.9% in 2019.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Operators in the Road and Highway Construction industry in Mexico primarily engage in providing the supervision or construction of roads, transportation routes, bridges and steel and concrete signs and protections. These services include new jobs and extensions, as well as maintenance and repairs. Private companies are typically contracted to oversee and complete the construction process, while funding for these projects can come from various sources, with state and national government contributions accounting for the largest share. A significant portion of large infrastructure projects in Mexico are funded using bond issuances. Particularly for larger projects such as highways, a public-private-partnership (PPP) structure has been a popular method of funding in this industry. Consequently, construction companies often rely upon future revenues from tolls and other concessions and fees to cover the costs of construction. Mexico accounts for the second-largest network of limited access highways (toll roads) in both North and South America, after the United States, largely as a result of this particular funding structure that uses tolls to raise funding in lieu of fuel taxes.
What's included in this industry?
Constructing, repairing and maintaining highways, streets and roadsConstructing, repairing and maintaining private roads, driveways and parking lotsInstalling highway and street lighting and signageConstructing, repairing and maintaining laneway and sound barriersConstructing, repairing and maintaining bridgesConstructing, repairing and maintaining elevated highways and flyoversNew highway, road, bridge and street construction and extensionMaintenance and repairsOther construction and installationCompanies
Impulsora del Desarrollo y el Empleo en América Latina SAB de CVEmpresas ICA SAB de CVPromotora y Operadora de Infraestructura SAB de CVPurchase this report to view all 4 major companies in this industry.
Related Terms
CONCESSIONSPUBLIC-PRIVATE PARTNERSHIPTOLLIndustry Code
NAICS 23731MX - Road & Highway Construction in Mexico
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Value of transportation construction. Increases in the value of transportation construction in Mexico generates greater demand for the construction and maintenance of roads an...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2009-2018) and forecast (2019-2024)
- Employees, including historical (2009-2018) and forecast (2019-2024)
- Businesses, including historical (2009-2018) and forecast (2019-2024)
- Profit, including historical (2009-2019)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
• New highway, road, bridge and street construction and extension projects account for the largest share of revenue for the Road and Highway Construction industry in Mexi...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2019
- Product innovation level
Charts
- Products & services segmentation in 2019
- Major market segmentation in 2019
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Populated regions require more extensive road infrastructure to accommodate residential and commercial traffic. As a result, the number of establishments in the Road and Highw...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2019
Tables
- Number and share of establishments in each region in 2019
- Number and share of revenue each region accounts for in 2019
- Number and share of wages each region accounts for in 2019
- Number and share of employees in each region in 2019
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Ability to compete on tender. Many projects in this industry are determined through the tendering process. Industry participants must be able to successfully tender for contra...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2014-2019
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Impulsora del Desarrollo y el Empleo en América Latina SAB de CV (IDEAL) was formed in 2005 as a result of a spinoff from Grupo Financiero Inbursa, in which IDEAL was listed o...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2015 through 2019
- Major companies in the industry, including market share, revenue, profit and profit margin in 2019
- Overview of Impulsora del Desarrollo y el Empleo en América Latina SAB de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Empresas ICA SAB de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Promotora y Operadora de Infraestructura SAB de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Impulsora del Desarrollo y el Empleo en América Latina SAB de CV, and factors influencing its performance in the industry
- Description and key data for Empresas ICA SAB de CV, and factors influencing its performance in the industry
- Description and key data for Promotora y Operadora de Infraestructura SAB de CV, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Regulation of the construction sector in Mexico, including the Road and Highway Construction industry, is moderately low. According to the National Disaster Prevention Center ...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
Detailed analysis
- Demographic and macroeconomic factors influencing the industry
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2009-2024)
- IVA (2009-2024)
- Establishments (2009-2024)
- Enterprises (2009-2024)
- Employment (2009-2024)
- Exports (2009-2024)
- Imports (2009-2024)
- Wages (2009-2024)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the estimated market size of the Road & Highway Construction industry in Mexico in 2019?
The market size of the Road & Highway Construction industry in Mexico is $70.0bn in 2019.
How many businesses are there in the Road & Highway Construction in Mexico industry in 2019?
There are 1,052 businesses in the Road & Highway Construction industry in Mexico, which has declined at a CAGR of -4.5% between 2014 and 2019.
Has the Road & Highway Construction industry in Mexico grown or declined over the past 5 years?
The market size of the Road & Highway Construction industry in Mexico has been at a CAGR of -5.2% between 2014 and 2019.
What is the forecast growth of the Road & Highway Construction industry in Mexico over the next 5 years?
The Road & Highway Construction in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Road & Highway Construction market in Mexico?
The biggest companies operating in the Road & Highway Construction market in Mexico are Impulsora del Desarrollo y el Empleo en América Latina SAB de CV, Empresas ICA SAB de CV and Promotora y Operadora de Infraestructura SAB de CV
What does the Road & Highway Construction in Mexico include?
Constructing, repairing and maintaining highways, streets and roads and Constructing, repairing and maintaining private roads, driveways and parking lots are part of the Road & Highway Construction industry.
Which companies have the highest market share in the Road & Highway Construction in Mexico?
The company holding the most market share in Mexico is Impulsora del Desarrollo y el Empleo en América Latina SAB de CV.
How many people are/were employed in the Road & Highway Construction in Mexico in 2019?
There are 94,839 employed in the Road & Highway Construction industry in Mexico 2019.
Widen your competitive advantage with related industries
Related Domestic Industries
- This industry comprises establishments dedicated to the construction or alteration of single-family and multi-family residential units.
- Establishments in this industry oversee and complete nonresidential construction, maintenance and alteration projects of industrial and commercial buildings.
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